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The Federal tax rates for 2016 are as per Bill
C-2 tabled in December 2015. The Northwest Territories tax brackets and personal tax credits were increased for
2016 by an indexation factor of 1.013. Northwest Territories uses the Federal indexation factor.
The indexation
factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency
information.

The 2016 marginal tax rate for non-eligible dividends reflects the rate that is
in effect automatically due to the change in the gross-up rate for 2016.
The NT government would have to make legislative amendments in order for
this to change.

Marginal tax rate for dividends is a % of actual
dividends received (not grossed-up amount).
Marginal tax rate for capital gains is a % of total capital gains
(not taxable capital gains).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is
17% for 2016, 18% for 2015.
For more information see
Northwest Territories dividend tax credits.